Tuesday, July 01, 2008

I Wonder Why MSNBC* Never Reported This?
*Marxist-Socialists but Nobody Cares

Did you know that the price of gasoline has increased 75% since the Defeatocrats took over congress? Interesting bit of info from Investors Business Daily. Here's some of it; (Emphasis mine) The Drill-Nothing Congress

Energy: The average price for regular gas hit $4 a gallon over the weekend. Gas prices have risen 75% since Nancy Pelosi took over. Where's the energy independence Democrats promised two years ago? In November of 2006, House Speaker-elect Nancy Pelosi issued a press release touting the Democrats' "common-sense plan to help bring down skyrocketing gas prices."

She accused the oil companies of "price gouging." The price of gasoline when the Democrats took control of Congress was around $2.25 per gallon. The average price of regular gas crept over the $4-per-gallon barrier over the weekend, as measured by AAA and the Oil Price Information Service.

That represents a more than 75% increase in the retail price of a gallon of gasoline on Pelosi's watch. Call it the "Pelosi premium" we're all now paying.

It's a problem driven by domestic supply restrictions imposed by the Democratic Congress in the face of growing worldwide demand. The Democrats preach energy independence while they do everything in their power to prevent it. If the American people truly want change, this would be it.

The local caribou and other critters have thrived. Yet,
Pelosi and the Democrats want to to keep ANWR's estimated 10.6 billion barrels of oil off the market and out of our gas tanks.

The Western U.S. is estimated to have reserves of a trillion barrels (yes, that's the real number) trapped in porous shale rock, an amount three times the oil reserves of Saudi Arabia. On May 15, 2008, the Senate Appropriations Committee in a 15-14 party line vote rejected an amendment by Sen. Wayne Allard, R-Colo., to allow oil shale drilling and overturn the Udall moratorium.

1 Comments:

Blogger Joe of St. Thérèse said...

Defeatocrats, exactly, defeating lower gas prices by not drilling, exactly!

6:13 PM  

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